huà
jīnɡ

technical
common

Meaning of 计划经济

计划经济 means planned economy. Pronounced jì huà jīnɡ jì.

  • planned economy

Definitions & Examples

Zài
huà
jīnɡ
zhì
xià
 
zhǔ
yào
shānɡ
pǐn
de
jià
ɡé
yóu
zhènɡ
jué
dìnɡ
 

Under a planned economy system, the prices of major commodities are set by the government.

Shànɡ
shì
zhōnɡ
 
duō
ɡuó
jiā
shí
xínɡ
le
huà
jīnɡ
 

In the mid-twentieth century, many countries implemented planned economies.

huà
jīnɡ
shì
chǎnɡ
jīnɡ
shì
liǎnɡ
zhǒnɡ
tónɡ
de
yuán
pèi
zhì
fānɡ
shì
 

Planned economy and market economy are two different methods of resource allocation.